Lula reiterates aim to end betting in Brazil, but no decision is taken
Brazilian President Luiz Inácio Lula da Silva again called for ending betting in Brazil at a campaign event in Florianópolis on 19 September, saying he would consult the Finance Ministry and Central Bank. Finance Ministry executive secretary Dário Durigan said the government was discussing tougher measures but had made no decision; the report cites official figures of R$37bn in gross gaming revenue in 2025.
Investors and operators face uncertainty because Brazil is discussing tougher betting measures but has made no decision.